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Gregory Nguyen posted an update 2 years ago
Construction loan software has many benefits. It connects all the parties involved in the lending process and provides a secure, efficient alternative to risky communication. It is also an excellent organization tool for all your construction documents. Once you get started using construction loan management software, you’ll be able to track your…[Read more]
Gregory Nguyen posted an update 2 years ago
Banks can use loan participation automation software to streamline and reduce costs and risks. These software solutions can make participation a smoother, more efficient process for all involved parties. Automated loan participation applications can save days or weeks of manual work, and they can even help reduce the concentration of credit.…[Read more]
Gregory Nguyen posted an update 2 years ago
The construction loan spreadsheet is a valuable tool for tracking the progress of your building project. It tracks various metrics, such as expenses, project performance indicators, and the volume of the loan. The lender must be able to handle the rounding and data collection involved. The spreadsheet is a must-have for any construction project.…[Read more]
Gregory Nguyen posted an update 2 years ago
A good loan participation software can simplify your business by allowing you to automate key processes. With the right loan participation software, you can connect with participating banks and save notifications to your computer. You can also use this software to manage your credit risk by ensuring that you have the liquidity to service all of…[Read more]
Gregory Nguyen posted an update 2 years ago
Until recently, loan participations have been transacted through brokers. This model has its drawbacks, allowing sellers to access a small pool of potential buyers, and generating suboptimal pricing. It also involves time-consuming due diligence, upfront transaction fees, and manual work. Further, loan participations are often regulated, resulting…[Read more]
Gregory Nguyen became a registered member 2 years ago